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  1. #1
    Join Date
    Sep 2011
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    Default Will Life Insurance Proceeds be Applied to Chapter 13

    My question involves bankruptcy in the state of: Nevada.. A family friend & her husband filed chapter 13. They received a schedule of payments for 3 years.
    After one year of paying her husband passed. Can the bankruptcy court take her life insurance benefits?

  2. #2

    Default Re: Life Insurance Benefits

    Good question. A starting place is NRS 21.090(k). Also, if they filed Chapter 13, presumably they have an attorney whom they have already paid to guide them through the process. They should contact him/her.

  3. #3
    Join Date
    Sep 2005
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    75,886

    Default Re: Will Life Insurance Proceeds be Applied to Chapter 13

    How much was the benefit, and how much were the annual premiums? (They should discuss this matter with their bankruptcy lawyer.)

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